Vectren 2008 Annual Report Download - page 4

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$1.45
1.40
1.35
1.30
1.25
1.20
1.15
2 Vectren 2008
$2.00
1.75
1.50
1.25
1.00
0.75
0.50
Year ended December 31,
In millions, except per share amounts 2008 2007 2006
Net income $ 129.0 $ 143.1 $ 108.8
Return on average common shareholders’ equity (ROE) 10.0% 11.9% 9.4%
Shares outstanding at year-end 81.0 76.3 76.1
Average shares outstanding for basic earnings 78.3 75.9 75.7
Per Common Share
Basic earnings $ 1.65 $ 1.89 $ 1.44
Dividends paid $ 1.31 $ 1.27 $ 1.23
Annual dividend rate at year-end $ 1.34 $ 1.30 $ 1.26
Book value $ 16.69 $ 16.17 $ 15.43
Market price at year-end $ 25.01 $ 29.01 $ 28.28
Basic Earnings
Per Share
06 07 08
$30.00
28.00
26.00
24.00
22.00
20.00
18.00
06 07 08 06 07 08
$25.01
$1.31
$1.89
$1.44
Financial and Operating Highlights
Dividends Paid
Per Share
Market Price
At Year-End
$1.23
$1.27
$29.01
$28.28
$1.65